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Cement Paints - Global Stategic Business Report

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    Report

  • 367 Pages
  • April 2025
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 6068021
The global market for Cement Paints was estimated at US$1.8 Billion in 2024 and is projected to reach US$2.1 Billion by 2030, growing at a CAGR of 2.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Cement Paints market.

Global Cement Paints Market - Key Trends & Drivers Summarized

Why Is the Demand for Cement Paints Increasing?

Cement paints have become a preferred choice in the construction industry due to their durability, cost-effectiveness, and weather-resistant properties. With the rapid expansion of the global construction sector, especially in emerging economies, the demand for protective and decorative coatings such as cement paints has seen a significant rise. These paints are widely used for exterior surfaces of residential, commercial, and industrial buildings as they offer superior protection against moisture, UV rays, and fungal growth. Moreover, as urbanization continues at a steady pace, the need for affordable and long-lasting paints that enhance the aesthetics of structures while providing structural protection is growing. Government initiatives promoting infrastructure development and real estate expansion are further fueling the adoption of cement paints in various construction projects. Additionally, the increasing trend of renovation and refurbishment activities in aging infrastructure is contributing to market growth.

How Are Technological Advancements Impacting the Cement Paints Industry?

The cement paints industry is evolving with advancements in material science and manufacturing techniques. Innovations in paint formulations have led to the development of high-performance cement paints that offer improved adhesion, enhanced waterproofing capabilities, and self-cleaning properties. The integration of nanotechnology in paint production is further enhancing durability, stain resistance, and heat-reflective properties, making cement paints more efficient for different climatic conditions. Additionally, the shift towards eco-friendly and low-VOC (volatile organic compound) cement paints is gaining traction. Consumers and regulatory authorities are increasingly favoring sustainable and non-toxic alternatives to traditional paints. Manufacturers are focusing on developing water-based formulations that reduce environmental impact while maintaining superior performance. With research and development in the coatings industry, cement paints are becoming more versatile, offering greater aesthetic and functional benefits to consumers.

What Market Trends Are Driving the Adoption of Cement Paints?

Several key trends are shaping the cement paints market, including the increasing demand for weather-resistant and anti-fungal coatings. Consumers and businesses are prioritizing high-quality finishes that extend the longevity of painted surfaces while reducing maintenance costs. The rise of smart coatings that incorporate heat-reflective and anti-bacterial properties is also influencing purchasing decisions, particularly in urban and high-pollution areas. Another prominent trend is the growth of organized retail and e-commerce platforms, making cement paints more accessible to consumers and contractors. The availability of a wide range of shades, textures, and specialty coatings online has expanded consumer choices, driving market growth. Additionally, the growing preference for do-it-yourself (DIY) home improvement projects has boosted sales, as more homeowners seek easy-to-apply and long-lasting paint solutions.

What Are the Key Growth Drivers in the Cement Paints Market?

The growth in the Cement Paints market is driven by several factors, including increasing construction activities, rising infrastructure investments, and the growing preference for cost-effective, durable coatings. The expansion of the real estate sector, coupled with urbanization in developing regions, is creating new opportunities for cement paint manufacturers. Furthermore, stringent environmental regulations and the push for sustainable construction materials are encouraging companies to innovate and introduce eco-friendly cement paint formulations. The increasing adoption of cement paints in industrial and commercial applications, where high resistance to chemicals and extreme weather conditions is required, is also fueling market expansion. As construction standards evolve and consumer preferences shift towards long-lasting, energy-efficient coatings, the cement paints market is expected to witness steady growth in the coming years.

Report Scope

The report analyzes the Cement Paints market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments: Product Type (Acrylic Cement Paints, Waterproof Cement Paints, Synthetic Cement Paints, Other Types); Application (Exterior Application, Interior Application); End-Use (Residential End-Use, Commercial End-Use, Industrial End-Use)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Acrylic Cement Paints segment, which is expected to reach US$1.2 Billion by 2030 with a CAGR of a 2.8%. The Waterproof Cement Paints segment is also set to grow at 2.2% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $492.2 Million in 2024, and China, forecasted to grow at an impressive 4.7% CAGR to reach $399.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Cement Paints Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cement Paints Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Cement Paints Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of players such as AkzoNobel, Asian Paints, Asian Paints PPG Pvt. Ltd., BASF Coatings, Behr Process Corporation and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 34 Featured):

  • AkzoNobel
  • Asian Paints
  • Asian Paints PPG Pvt. Ltd.
  • BASF Coatings
  • Behr Process Corporation
  • Benjamin Moore & Co.
  • Berger Paints
  • British Paints
  • Cloverdale Paint Inc.
  • DuluxGroup
  • Dunn-Edwards Corporation
  • Esdee Paints Ltd.
  • Hempel A/S
  • Indigo Paints Limited
  • Jenson & Nicholson (India) Ltd.
  • Jotun Group
  • Jotun India Pvt. Ltd.
  • Kansai Nerolac Paints Limited
  • Keimfarben GmbH
  • Kelly-Moore Paints

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

  • Tariff-adjusted market forecasts by region and segment
  • Analysis of cost and supply chain implications by sourcing and trade exposure
  • Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

  • Finalized tariff impacts and new trade agreement effects
  • Updated projections reflecting global sourcing and cost shifts
  • Expanded country-specific coverage across the industry

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AkzoNobel
  • Asian Paints
  • Asian Paints PPG Pvt. Ltd.
  • BASF Coatings
  • Behr Process Corporation
  • Benjamin Moore & Co.
  • Berger Paints
  • British Paints
  • Cloverdale Paint Inc.
  • DuluxGroup
  • Dunn-Edwards Corporation
  • Esdee Paints Ltd.
  • Hempel A/S
  • Indigo Paints Limited
  • Jenson & Nicholson (India) Ltd.
  • Jotun Group
  • Jotun India Pvt. Ltd.
  • Kansai Nerolac Paints Limited
  • Keimfarben GmbH
  • Kelly-Moore Paints

Table Information